As we wrote in our Analysis from 19.05.2022, we expected the currency pair GBP/AUD to break out from the formed range, so we loaded our STS_RSI_Breakout_Bot to open a Long position when the STS_RSI_MTF_Indicator shows a value of 70 or more.
STS_RSI_MTF_Indicator reached 70 and our STS_RSI_Breakout_Bot opened a Long position. The Bot is set to close the Long position if the RSI falls below 30. The Take Profit of the position is 200 pips.
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